v3.26.1
Leases
9 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
The majority of the Company's operating lease payments relate to its corporate headquarters in Seattle, Washington, which includes approximately 515,000 square feet of office space. The lease commenced in April 2019 and expires in 2033 with an option for renewal. The Company also leases additional office and lab space for product development and sales and support personnel in the United States and internationally.
The components of the Company's operating lease expenses for the three and nine months ended June 30, 2026 and 2025 were as follows (in thousands):
Three Months Ended
June 30,
Nine Months Ended
June 30,
2026202520262025
Operating lease expense$9,601 $10,067 $28,978 $30,117 
Short-term lease expense1,202 740 3,134 2,250 
Variable lease expense5,634 5,715 17,349 17,229 
Total lease expense
$16,437 $16,522 $49,461 $49,596 
Variable lease expense primarily consists of common area maintenance, real estate taxes and parking expenses.
Supplemental balance sheet information related to the Company's operating leases was as follows (in thousands, except lease term and discount rate):
June 30,
2026
September 30,
2025
Operating lease right-of-use assets, net$178,239 $185,601 
Operating lease liabilities, current (1)
33,680 31,042 
Operating lease liabilities, long-term218,700 230,749 
Total operating lease liabilities
$252,380 $261,791 
Weighted average remaining lease term (in years)7.47.7
Weighted average discount rate3.34 %3.24 %
(1)Current portion of operating lease liabilities is included in accrued liabilities on the Company's consolidated balance sheets.
As of June 30, 2026, the future operating lease payments for each of the next five years and thereafter is as follows (in thousands):
Fiscal Years Ending September 30:Operating Lease
Payments
2026 (remainder)$8,227 
202743,301 
202839,326 
202935,764 
203035,276 
203134,484 
Thereafter92,352 
Total lease payments288,730 
Less: imputed interest(36,350)
Total lease liabilities$252,380 
Operating lease liabilities above do not include sublease income. As of June 30, 2026, the Company expects to receive sublease income of $5.4 million, which consists of $0.2 million to be received for the remainder of fiscal 2026 and $5.2 million to be received over the seven fiscal years thereafter.
As of June 30, 2026, the Company had no significant operating leases that were executed but not yet commenced.